YUM update

YUM sept 6 2013

A fortnight or so ago we suggested that this stock was a sell. The wedge appears to be completed at about $75. As each subdivision in this wedge like structure must itself subdivide in a three wave affair, you cannot ever be absolutely certain that you are at the end of the ride. Even so you should always assume that you are simple because the upside potential is considerable smaller than the downside. An active trader might consider buying back his short and taking the 8% gain, all other mortals should stay with the original trade as either way $59 is on the horizon.